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Advancing real property valuation [electronic resource] : AI, drone and emerging digital technologies in professional practice and education / edited by Johari Amar, Lynne Armitage.

Contributor(s): Publisher: London : Routledge, 2026Description: 1 online resource (304 pages) : illustrations (black and white, and colour)Content type:
  • text
  • still image
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9781040810187 (PDF ebook) :
Subject(s): Additional physical formats: Print version :: No titleDDC classification:
  • 333.3320285 23
LOC classification:
  • HD1387 .A3 2026
Online resources:
Contents:
1. Valuation at a crossroads: From resistance to integration of human-digital systems in the profession. Section1: Digital Foundations and Frameworks in Valuation Practice. 2. Emerging AI technologies in the valuation of tangible assets. 3. Artificial intelligence and machine learning in property and real asset valuation: Policies, practices and emerging trends. 4. Coevolution of artificial intelligence technology and the valuation profession. 5. Challenges and opportunities of data collection and computational analysis using AI in real estate valuation. Section 2: Applied Digital Innovations in Valuation Practice. 6. Public sector valuations: Current and emerging technologies, and industry readiness. 7. Airport runway inspections: Transitioning from conventional methods to drone-based solutions. 8. Generative AI prompt engineering basics for real estate appraisers. Section 3: Innovating Valuation Education and Training for the Digital Era. 9. The new role for academics in advancing artificial intelligence in real estate education. 10. The future of valuation education: Incorporating augmented reality tools in training and skill. Section 4: Reflections on Legal, Ethical and Future Directions in Digital Valuation. 11. A(I) legal perspective: Process, procedure, risk and GenAI use. 12.Reflection on AI, big data and analytics in real estate valuation. 13. Quantum valuation: Navigating the disruption, seizing the opportunities in the new era. 14. Valuation beyond the divide: Rethinking professional practice and standards in an era of digital transformation.
Summary: This volume examines how AI, drones and emerging digital tools are being integrated into valuation processes across varied contexts. Its scope extends beyond traditional property valuation to urban markets, public assets, infrastructure and ESG assessments and draws on insights from leading academics and industry experts. Digital technologies are reshaping the way property and asset values are assessed, regulated and trusted. From automated valuations to drone-assisted site inspections, these advances are influencing professional practice and testing the legal, regulatory and institutional frameworks - including those established by IVSC, API and RICS - that underpin it.This book examines how AI, drones and emerging digital tools are being integrated into valuation processes across varied contexts. Its scope extends beyond traditional property valuation to urban markets, public assets, infrastructure and ESG assessments. Drawing on insights from leading academics and industry experts in Australia and internationally, it's organised into four sections: digital foundations and frameworks, real-world applications and innovations, advancing education and training and legal, ethical and future perspectives. Across these sections, comparative analysis explores how different jurisdictions and sectors are adapting, with particular attention to regulatory compliance, professional standards and the boundaries of automation.Rather than framing technology as an inevitable disruption or existential threat, this book encourages careful, critical engagement with how digital systems shape professional judgement, data transparency and institutional trust. It offers theoretical grounding and curricular models that prepare the next generation of valuation professionals to operate in technology-rich environments and provides detailed case studies and practical strategies to uphold standards, manage risk and ensure accountability when using advanced digital tools. It is an essential resource for anyone concerned with the future of valuation, as well as those seeking to upskill and build confidence in using advanced technologies that are transforming property valuation methods and practices.
Holdings
Item type Current library Call number Status
Book Virtual Online EBOOK (Browse shelf(Opens below)) Available

1. Valuation at a crossroads: From resistance to integration of human-digital systems in the profession. Section1: Digital Foundations and Frameworks in Valuation Practice. 2. Emerging AI technologies in the valuation of tangible assets. 3. Artificial intelligence and machine learning in property and real asset valuation: Policies, practices and emerging trends. 4. Coevolution of artificial intelligence technology and the valuation profession. 5. Challenges and opportunities of data collection and computational analysis using AI in real estate valuation. Section 2: Applied Digital Innovations in Valuation Practice. 6. Public sector valuations: Current and emerging technologies, and industry readiness. 7. Airport runway inspections: Transitioning from conventional methods to drone-based solutions. 8. Generative AI prompt engineering basics for real estate appraisers. Section 3: Innovating Valuation Education and Training for the Digital Era. 9. The new role for academics in advancing artificial intelligence in real estate education. 10. The future of valuation education: Incorporating augmented reality tools in training and skill. Section 4: Reflections on Legal, Ethical and Future Directions in Digital Valuation. 11. A(I) legal perspective: Process, procedure, risk and GenAI use. 12.Reflection on AI, big data and analytics in real estate valuation. 13. Quantum valuation: Navigating the disruption, seizing the opportunities in the new era. 14. Valuation beyond the divide: Rethinking professional practice and standards in an era of digital transformation.

This volume examines how AI, drones and emerging digital tools are being integrated into valuation processes across varied contexts. Its scope extends beyond traditional property valuation to urban markets, public assets, infrastructure and ESG assessments and draws on insights from leading academics and industry experts. Digital technologies are reshaping the way property and asset values are assessed, regulated and trusted. From automated valuations to drone-assisted site inspections, these advances are influencing professional practice and testing the legal, regulatory and institutional frameworks - including those established by IVSC, API and RICS - that underpin it.This book examines how AI, drones and emerging digital tools are being integrated into valuation processes across varied contexts. Its scope extends beyond traditional property valuation to urban markets, public assets, infrastructure and ESG assessments. Drawing on insights from leading academics and industry experts in Australia and internationally, it's organised into four sections: digital foundations and frameworks, real-world applications and innovations, advancing education and training and legal, ethical and future perspectives. Across these sections, comparative analysis explores how different jurisdictions and sectors are adapting, with particular attention to regulatory compliance, professional standards and the boundaries of automation.Rather than framing technology as an inevitable disruption or existential threat, this book encourages careful, critical engagement with how digital systems shape professional judgement, data transparency and institutional trust. It offers theoretical grounding and curricular models that prepare the next generation of valuation professionals to operate in technology-rich environments and provides detailed case studies and practical strategies to uphold standards, manage risk and ensure accountability when using advanced digital tools. It is an essential resource for anyone concerned with the future of valuation, as well as those seeking to upskill and build confidence in using advanced technologies that are transforming property valuation methods and practices.

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